Techmeme
November 20, 2018, 10:45 AM

Top News

Kate Rooney / CNBC:
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week  —  - The world's largest cryptocurrency is now down 22 percent in the past week, falling as much as 12 percent Monday to its lowest level in more than a year.
Josh Constine / TechCrunch:
Instagram says it will use machine learning to find and remove inauthentic likes, follows, and comments from accounts using third-party apps to boost popularity  —  Instagram is fighting back against automated apps people use to leave spammy comments or follow then unfollow others in hopes of growing their audience.
Margaret Sullivan / Washington Post:
Zuckerberg should give up his dual role as Facebook CEO and chairman, stepping down as chairman and appointing an independent director to oversee the board  —  Facebook founder Mark Zuckerberg once set out a bit of digital-world wisdom that became his company's informal motto: “Move fast and break things.”
Natasha Lomas / TechCrunch:
Deepa Seetharaman / Wall Street Journal:
Alex Heath / Cheddar:
Sources: Snap is planning to release new Spectacles with two cameras and an aluminum frame for $350 by the year's end  —  Snap Inc. is planning to release a new version of its Spectacles glasses with two cameras and a higher price point of $350 by the end of the year, Cheddar has learned.
More: Engadget
Tom Dotan / The Information:
Kevin Kelleher / Fortune:
The stocks of Amazon, Apple, Facebook, Google, and Netflix have all declined 20% or more in value in recent months, pushing them into bear market territory  —  Tech investors resumed their selloff of the large-cap FAANG stocks, with the five tech giants all sustaining declines of 20% or more …
Reuters:
SoftBank invests $2B in South Korean e-commerce company Coupang, source says at a ~$9B valuation  —  SoftBank Group Corp's Vision Fund is investing $2 billion in South Korea's top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup girds for battle against rivals backed by the country's cash-rich chaebol.
Kyle Wiggers / VentureBeat:
Microsoft acquires Atlanta-based app provisioning and virtualization startup FSLogix, to improve Office 365 performance in “multi-user virtual environments”  —  Another day, another profitable exit for a well-regarded startup.  Microsoft today announced that it has acquired Atlanta …

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Instant invoice insights with Zoho Cliq and Zoho Invoice  —  Timely communication is the cornerstone of successful invoicing management.  Picture this: your business diligently sends out invoices to customers …
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
How to Cultivate Everyday Dharma, Suneel Gupta (#54)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/25 - Zuck Is Disappointing Wall Street Again
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, November 20, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Ina Fried / Axios:
Edmund Lee / New York Times:
Wall Street Journal: